| OPEN latest price $17.9800 (6.8%) ($17.9800 - $17.9800) on Tue. Jun. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 67 |
Latest Price | $17.9800(6.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OPEN advances 3.3% a day on average for past five trading days. |
Weekly Trend | OPEN advances 5.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OPEN advance at 0% a week (0% probability) IBUY(71%) ARKK(70%) IPO(70%) SKYY(70%) IWO(68%) |
Factors Impacting OPEN price | OPEN will decline at least -2.69% in a week (0% probabilities). VIXM(-49%) VXX(-36%) UUP(-14%) TLT(-7%) GLD(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.69% (StdDev 5.38%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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